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Do Firms' Product Lines Include Too Many Varieties, and Do Shops Open Too Many Days?

Klemperer, Paul; Padilla, Atilano Jorge - C.E.P.R. Discussion Papers - 1993

This paper attempts to give a meaning to the empty concept of subsidiarity. It examines various kinds of government activity with respect to the optimal layer of government in Europe at which these activities should be performed. The paper criticizes Europe's industrial policies and its...

Persistent link: https://www.econbiz.de/10005791864

Market Concentration and Competition in Eastern Europe

Kattuman, Paul A; Newbery, David M G - C.E.P.R. Discussion Papers - 1992

A key feature of Soviet-type economies is the excessive concentration of production and the skewed size distribution of …

Persistent link: https://www.econbiz.de/10005661561

Dynamic Merger Review

Nocke, Volker; Whinston, Michael - C.E.P.R. Discussion Papers - 2008

We analyze the optimal dynamic policy of an antitrust authority towards horizontal mergers when merger proposals are … endogenous and occur over time. Approving a currently proposed merger will affect the profitability and welfare effects of … surplus by using a completely myopic merger review policy that approves a merger today if and only if it does not lower …

Persistent link: https://www.econbiz.de/10005656370

Antitrust in Open Economies

Francois, Joseph; Horn, Henrik - C.E.P.R. Discussion Papers - 2006

We examine antitrust rules in a two-county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...

Persistent link: https://www.econbiz.de/10005136427

Information Aggregation, Strategic Behaviour and Efficiency in Cournot Markets

Vives, Xavier - C.E.P.R. Discussion Papers - 1998

When is the modeller introducing more error when analysing a Cournot market with private cost information - when ignoring market power or when ignoring the impact of incomplete information? Is the welfare loss at the market outcome driven by private information or by market power? The answer,...

Persistent link: https://www.econbiz.de/10005662375

To Merge or to License: Implications for Competition Policy

Faulí-Oller, Ramon; Sandonís, Joel - C.E.P.R. Discussion Papers - 2001

The optimal competition policy when licensing is an alternative to a merger, which has the intention of transferring a … of the US Horizontal Merger Guidelines. In contrast, when only one instrument is feasible, be it fixed fees or royalties …

Persistent link: https://www.econbiz.de/10005792457

Entry Barriers in Retail Trade

Schivardi, Fabiano; Viviano, Eliana - C.E.P.R. Discussion Papers - 2008

The 1998 reform of the Italy's retail trade sector delegated the regulation of entry of large stores to the regional governments. We use the local variation in regulation to determine the effects of entry barriers on firms' performance for a representative sample of retailers. We address the...

Persistent link: https://www.econbiz.de/10005661440

Can Small Entry Barriers Have Large Effects on Competition?

Seabright, Paul - C.E.P.R. Discussion Papers - 1990

One of the main aims of the deregulation of previously heavily regulated markets is to diminish artificial barriers to entry. But in oligopolistic markets, the mechanisms whereby potential competition can discipline the behaviour of incumbent firms are not very well understood, especially since...

Persistent link: https://www.econbiz.de/10005661862

Equilibrium and Efficiency in the Tug-of-War

Konrad, Kai A.; Kovenock, Dan - C.E.P.R. Discussion Papers - 2005

We characterize the unique Markov perfect equilibrium of a tug-of-war without exogenous noise, in which players have the opportunity to engage in a sequence of battles in an attempt to win the war. Each battle is an all-pay auction in which the player expending the greater resources wins. In...

Persistent link: https://www.econbiz.de/10005661937

EU Trade Barriers in the Agri-food Sector: When Protection Breeds Dependence

Cadot, Olivier; Gallezot, Jacques; Suwa Eisenmann, Akiko - C.E.P.R. Discussion Papers - 2009

This paper looks for firm-level evidence that high rates of protection breed concentration of firm activities into …

Persistent link: https://www.econbiz.de/10004972169

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